On July 4, 2025, the President signed into law H.R. 1, P.L. 119-21, the law known as the One Big Beautiful Bill Act (OBBBA), extending many of the expiring provisions from the Tax Cuts and Jobs Act (TCJA), P.L. 115-97. The final law also addresses other tax priorities of the administration, including providing deductions to eliminate income taxes on certain tips and overtime pay. H.R. 1 also revamps some of the TCJA’s provisions on the taxation of corporations’ foreign income
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H.R. 1 — The One Big Beautiful Bill Act: Tax Provision Summary & Insights
Aug 11, 2025 · 1.1 MB Download
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Download the H.R. 1 — The One Big Beautiful Bill Act: Tax Provision Summary & Insights
File name: h-r-1-one-big-beautiful-bill-act-tax-provision-summary-&-insights.pdf
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